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Upside from Cagamas' RM1b dual currency issuance
As reported in The Star Online, Cagamas Bhd's dual currency issuance totalling RM1bil equivalent enabled it to obtain a lower weighted average funding cost.Cagamas issues debt securities to finance the purchase of housing loans from financial institutions and non-financial institutions.Cagamas,...
LBS Bina, Worldwide Property plan RM3.43b township in Ijok
As reported in The Star Online, LBS Bina Group Bhd's subsidiary and Worldwide Property Management Sdn Bhd (WPM) will undertake a township project in Ijok, Selangor with an estimated gross development value of RM3.43bil.Property company LBS Bina said on Tuesday its subsidiary, Kemudi Ehsan Sdn Bhd...
Naim launching more medium-cost residential projects to ride on demand
As reported in The Star Online, property-and-construction firm Naim Holdings Bhd is launching more medium-cost residential projects to ride on the good demand in Sarawak.First hotel: Artists impression of Fairfield by Marriott, part of the Bintulu Paragon project and the first hotel property owned...
Johor govt to maintain prices of affordable houses
As reported in The Star Online, the Johor state government will continue to assist eligible first-time housebuyers to own houses under the Johor Affordable Housing Scheme (RMMJ) by taking proactive measures.Johor Housing and Local Government committee chairman Datuk Abdul Latiff Bandi said this...
MBPJ urged to conduct clean-up on large scale
Repairman R.Ganesan showing a dCCTV wire damaged by rodents in Kampung Lindungan.The vermin bite and damage the closed-circuit TV cameras wiring and posed a health threat to residents as well as business operators in the area.Restaurant manager Fadli Nasrun said, the rats could be heard scurrying...
Johor Rehda targets more markets besides Singapore
BY ZAZALI MUSANewly-elected Johor Rehda chairman Datuk Steve Chong Yoon On (pic) said in an interview the chapter would organise the first Malaysia Property Exposition (Mapex) International next year should everything go as plannedJOHOR BARU: The Johor chapter of the Real Estate and Housing...
Noh: Developer-sourced loan proposal to be explained to Cabinet
BY WANI MUTHIAHTANJONG KARANG: The proposal for housing developers to grant loans to homeowners will be explained to Cabinet on Wednesday.Urban Wellbeing, Housing and Local Government Minister Tan Sri Noh Omar (pic) said the matter would be brought up at the Cabinet meeting and would focus on...
IJM Land offering free copies of The Star to first 50 visitors
As reported in The Star Online, IJM Land is offering free copies of The Star in selected showrooms, but are limited to the first 50 visitors of the day.This special arrangement is valid daily at its main showroom in P.T. 10786, Seremban 2 until the contest ends on Oct 30.Petaling Jaya folk and...
Unbearable stench from factory and warehouse
BY PRIYA MENONThe rubbish left inside the waste recycling factory and warehouse near Jalan Bukit Badak, Kampung Baru Subang. — Photos: SHAARI CHE MAT/The StarSINCE January, a horrible stench has been plaguing residents near Jalan Bukit Badak, Kampung Baru Subang, due to a waste recycling factory...
Stop bungalow project on slope, say residents
BY VIJENTHI NAIRTAMAN Cuepacs (Phase 1) residents want a bungalow project in Taman Ferngrove stopped, as they have safety concerns.The residents claim that the slope next to their residential area, where eight bungalows will be built, is more than 40 degrees gradient which is much steeper than the...